TINNA RUBBER (India) Probability of Target Price Finishing Over Current Price

TINNARUBR -- India Stock  

INR 40.90  0.55  1.36%

TINNA RUBBER probability of target price tool provides mechanism to make assumptions about upside and downside potential of TINNA RUBBER AND INFRASTRUCTUR performance during a given time horizon utilizing its historical volatility. Please specify TINNA RUBBER time horizon, a valid symbol (red box) and a target price (blue box) you would like TINNA RUBBER odds to be computed. Also please take a look at TINNA RUBBER Backtesting, TINNA RUBBER Valuation, TINNA RUBBER Correlation, TINNA RUBBER Hype Analysis, TINNA RUBBER Volatility, TINNA RUBBER History as well as TINNA RUBBER Performance.
Horizon     30 Days    Login   to change
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TINNA RUBBER Target Price Odds to finish over

Current PriceHorizonTarget PriceOdds to move above current price in 30 days
 40.90 30 days 40.90  ABOUT 63.74%
Based on normal probability distribution, the odds of TINNA RUBBER to move above current price in 30 days from now is about 63.74% (This TINNA RUBBER AND INFRASTRUCTUR probability density function shows the probability of TINNA RUBBER Stock to fall within a particular range of prices over 30 days) .
Assuming 30 trading days horizon, TINNA RUBBER AND INFRASTRUCTUR has beta of -0.3774 . This entails as returns on benchmark increase, returns on holding TINNA RUBBER are expected to decrease at a much smaller rate. During bear market, however, TINNA RUBBER AND INFRASTRUCTUR is likely to outperform the market. Additionally TINNA RUBBER AND INFRASTRUCTUR has a negative alpha implying that the risk taken by holding this equity is not justified. The company is significantly underperforming DOW
 TINNA RUBBER Price Density 
      Price 
α
Alpha over DOW
=0.33
β
Beta against DOW=0.38
σ
Overall volatility
=10.26
Ir
Information ratio =0.05

TINNA RUBBER Alerts

TINNA RUBBER Alerts and Suggestions

TINNA RUBBER AND generates negative expected return over the last 30 days
TINNA RUBBER AND has high historical volatility and very poor performance
TINNA RUBBER AND has high likelihood to experience some financial distress in the next 2 years
The company has accumulated 87.38M in total debt with debt to equity ratio (D/E) of 22.6 indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. TINNA RUBBER AND INFRASTRUCTUR has Current Ratio of 0.87 indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due.
This company reported revenue of 1000M. Net Loss for the year was (50.34M) with profit before overhead, payroll, taxes, and interest of 539.4M.

Price Density Drivers

TINNA RUBBER Health Indicators

Float Shares985.72k
Average Daily Volume Last 10 Day832
Average Daily Volume In Three Month440
Also please take a look at TINNA RUBBER Backtesting, TINNA RUBBER Valuation, TINNA RUBBER Correlation, TINNA RUBBER Hype Analysis, TINNA RUBBER Volatility, TINNA RUBBER History as well as TINNA RUBBER Performance. Please also try Portfolio Manager module to state of the art portfolio manager to monitor and improve performance of your invested capital.
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